Key Takeaways

• A post by Binance co-founder Changpeng “CZ” Zhao on X about the “4” memecoin, which was born from a BNB Chain phishing incident, immediately sent the token soaring.

• A single crypto trader, who was an early buyer, converted a $3,000 investment into roughly $2 million within hours, achieving an approximately 650-fold return on investment.

• Blockchain intelligence platforms showed that “smart money” traders also quickly bought into the rally, making the “4” memecoin the third-most-purchased token on the BNB Chain in the following 24 hours.

The volatile world of memecoins once again demonstrated its unpredictable, high-reward nature when a single trader turned a $3,000 investment into approximately $2 million in mere hours.

This extraordinary gain was triggered by a viral social media post from Binance co-founder Changpeng “CZ” Zhao.

From Phishing Incident to Community Meme

The “4” ($4) token’s genesis is a curious one: it was created as a direct community meme following a phishing attack on the BNB Chain. After the hacker in the incident reportedly made only $4,000 in profit before their exploit was shut down, the community rallied around the number “4” to mock the attacker.

The frenzy around the token surged when CZ, with his massive social media following, reposted the BNB Chain’s statement on the incident, adding a comment that the community had “took over and bought the memecoin higher, as a mock to the hacker.”

Social Media Hype Creates a Memecoin Millionaire Overnight

Blockchain data from Lookonchain identified the lucky trader by the wallet address “0x872” as one of the earliest buyers of the newly launched token. The trader’s initial stake of $3,000 worth of BNB multiplied by roughly 650 times.

Although the trader sold only a small fraction of their holdings, the wallet still retains an estimated $1.88 million worth of the tokens. This massive return caught the attention of the industry’s most successful investors.

Memecoin Risk and Reward Context

This event adds another chapter to the history of memecoins creating overnight fortunes, much like the cases of the Pepe memecoin, where one trader saw a $2,000 investment surge to $43 million (before selling for $10 million after a decline), and another investor who turned $27 into $52 million in a separate instance.

These outcomes serve as a potent, albeit risky, reminder of how quickly fortunes can be made when social media buzz, market timing, and community sentiment converge on an otherwise valueless digital asset.

Final Thoughts

The “4” memecoin’s parabolic rise, catalyzed by a single social media post, epitomizes the high-risk, high-reward dynamic of the memecoin sector. It vividly demonstrates how community-driven humor and powerful social signaling can instantaneously mint a millionaire from a small initial investment, proving that in crypto, market sentiment can often trump fundamental utility.

Frequently Asked Questions

What caused the “4” memecoin to surge?
A post on X by Binance co-founder CZ about the token, which was created as a meme following a BNB Chain phishing incident.

How much profit did the lucky trader make?
The trader’s $3,000 investment grew to approximately $2 million in unrealized profit.

What is “smart money” doing with the token?
“Smart money” traders were tracked buying nearly $100,000 worth of the token on the BNB Chain, making it a top-bought asset.